<h3>Given</h3>
Future value of an investment at 4.75% compounded weekly is $25,000
<h3>Find</h3>
The present value of the investment, to the nearest dollar
<h3>Solution</h3>
The multiplier is (1 + .0475/52)^(52·5) ≈ 1.2679375, so the amount required is found from
... 1.2679375×present value = 25,000
... present value = 25,000/1.2679375 ≈ 19,717
$19,717 needs to be placed in the account now.
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When an annual interest rate r is compounded n times per year, the annual multiplier is (1 +r/n)^n. Here, we have n=52 (weeks per year). The multiplier is applied 5 times (raised to the 5th power) to obtain the result of a 5-year investment.
Answer:
The last Table
Step-by-step explanation:
After 2 hours of work, you will be charged $80. Add this to the already charged $650 and you will have $730. For each hour add an additional $40 to that cost. The last table matches this.
Answer:
(2, −6.5)
Step-by-step explanation:
The solution to a system of equations is where they intersect
They intersect near x = 2 y = -6.5
Answer:
14x + 63
Step-by-step explanation:
Hope this helps.